Tag: grows

  • TOADS demand grows amid meme coin adoption

    TOADS demand grows amid meme coin adoption

    • DigiToads (TOADS) presale is 83% sold out at current stage with a total of over $2.1 million raised.
    • TOADS demand is at new levels as the crypto space witnesses new trajectory in the meme coin sector.
    • DigiToads looks to be a promising investment opportunity, with a unique presale, gaming approach and deflationary mechanism. 

    The unanticipated blows the crypto market experienced in the last few months are enough to make any investor lose interest in what is considered “one of the most promising industries.” However, recent activity in the crypto space indicates this sector’s possible revival. 

    While the crypto market has seen a fair share of meme coins, DigiToads is a new utility token and platform that offers something unique within the altcoin market

    A Look into DigiToads (TOADS)

    Investors looking for a potentially high-yield cryptocurrency to buy might find a good opportunity in DigiToads (TOADS). 

    The cryptocurrency project offers new and unique play-to-earn and stake-to-earn features, with TOADS as the native token. With the toad as its mascot, DigiToads aspires to revolutionize the crypto sphere. Apart from developing a new play-to-earn platform, the project is creating avenues for investors to explore investment opportunities. 

    The TOADS token’s presale provides such an offering in a Metaverse space that continues to see tremendous growth. 

    DigiToads (TOADS) presale gaining momentum

    DigiToads adopts a unique presale system. The TOADS token can be purchased using cryptocurrencies like BTC, ETH, BNB, USDT, USDC, BUSD, and others. There is no vesting period, meaning investors can start trading when TOADS is deposited in their wallets. 

    The ongoing Lilypad 5 stage of the presale offers the token for a mere $0.024, And so far DigiToads has raised a whopping $2.1 million and counting.

    DigiToads has an inbuilt deflationary mechanism whereby 2% of the sell and buy tax is used to purchase and burn TOADS. The token scarcity attained through this burning mechanism, together with an increased number of people seeking the asset, will eventually increase the token’s price. 

    >> Buy DigiToads Now <<

    DigiToads (TOADS): What’s unique?

    Play-to-earn gaming is becoming an increasingly popular concept on Web 3.0. So it is great to see the likes of DigiToads incorporating this fantastic feature in its structure by launching ‘TOAD-CADE,’ an enticing game on its platform. 

    The game starts with each player receiving a basic DigiToads. These characters can be trained, fed, and bred. This will allow them to level up and battle within the swamp. Regular competitions will be hosted by the platform winners, who can expect alluring rewards. 

    Besides gaming, another exciting way users can coin some money is through the compelling staking opportunities offered. Users who stake their TOADS NFTs will benefit from great rewards from the NFT staking pool. This pool, in turn, is maintained by the taxes collected on transactions. 

    To ensure that it has a sound fiscal system, DigiToads will select 12 traders who will be responsible for executing trades on the company’s behalf. These community traders will have access to 1/12th of the treasury and receive 10% of the profit made on each transaction. Seats for these important positions will be held by winners of trading competitions that will be held each month. 

    DigiToads has laid the foundation of its own Merch, which will shortly be in full swing. The firm will utilize 100% of its profit to revive the Amazon rainforests. Also, 2.5% of the overall gains made have been allocated by the firm for a similar cause.

    Every other firm before DigiToads started with a pre-decided mascot for itself. On the other hand, the firm gives users the right to decide on the mascot. For this, a mascot meme contest will be held, and the best design will be used as the mascot, and the creator will be entitled to mega prizes. 

    Is DigiToads a good investment?

    TOADS is can be one of the best cryptocurrencies to invest in as the crypto sector sees a surge in new demand. The firm offers numerous use cases, while investors can buy the native token as part of their portfolio diversification.  

    As a fact, no one can with certainty predict exactly how the market behaves in the future. However, looking at this token, the DigiToads presale tis currently attracting huge interest from crypto investors. The anticipation around the project’s launch also suggests demand could be even higher when TOADS goes live on major exchanges.

    If you wish to know more about the DigiToads token, visit their website. Alternatively, you can join the presale, or the community for regular updates.



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  • Solana interest grows as price eyes a bullish push after weekly 40% gains

    Solana interest grows as price eyes a bullish push after weekly 40% gains

    • Solana token has gained by almost 40% in a week as network activity surge

    • The weekly gains have been inspired by the Bonk token airdrop

    • SOL faces resistance at $14

    Solana (SOL/USD) is making a strong return after a difficult spell in 2022. Frequent hacks, FTX collapse, and a prolonged crypto winter are some of the ails of Solana in 2022. In particular, the FTX crash saw SOL fall below $10. But a return of nearly 40% in a week is sending a statement that investors are not done with the proclaimed Ethereum killer. 

    According to Solana Foundation head of strategy and communications Austin Federa, SOL is defying the FTX contagion. The network has seen increasing on-chain activity for users and developers. He says no projects are migrating from the blockchain, underlining Solana’s strengths and performance. 

    The latest gains in SOL come amid increased investor interest. That comes after the launch of the Shiba-Inu-themed Bonk (BONK) token. According to the latest cryptocurrency news, BONK will be airdropped for up to 50% of its supply. About 20% of the airdrop will go to Solana NFT collections. The development has seen several projects on Solana integrate bonk tokens for use in transactions on listed NFTs. 

    SOL price outlook and analysis approaching resistance

    SOL/USD Chart by TradingView

    From the technical outlook, SOL is slightly bullish but largely bearish. The indicator is approaching the neutral zone, although it shows SOL is bearish. Resistance lies at $14, slightly below the SOL price. 

    What next for the SOL price?

    The gains in SOL price are positive after a prolonged bear market. However, $14 will be a test for bulls. A bullish scenario will be reinforced if the cryptocurrency breaks above the resistance level. That could see SOL maintain the uptrend to $18 and beyond.

    On the flip side, SOL will face bears at $14. Buyers may also exit at the overhead resistance to force a correction. That could see the token retest the $11 or $10 bottom.

    Where to buy SOL

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


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    Public

    Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.


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  • Bitcoin is edging closer to $17k as bullish sentiment grows stronger

    Bitcoin is edging closer to $17k as bullish sentiment grows stronger

    • The crypto market is trading in the green zone for the second-consecutive day this week.

    • Bitcoin is closing in on the $17k resistance level and could cross it a few hours from now.

    • The total crypto market cap is now close to $815 billion.

    Bitcoin closes in on the $17k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing positively for the second-consecutive day. The leading cryptocurrency has been struggling below the $17k resistance level over the past few weeks. 

    At press time, the price of Bitcoin stands at $16,886, up by less than 1% in the last 24 hours. With the bulls gathering momentum, Bitcoin could soon surge past the $17k resistance level in the near term.

    Bitcoin’s positive performance aligns with that of the broader cryptocurrency market. The total crypto market cap stands at $813 billion, up by 0.36% in the last 24 hours. The positive performance comes after the market lost less than 1% of its value yesterday.

    Ether, the second-largest cryptocurrency by market cap, is also trading in the green zone. So far today, the price of Ethereum is up by 0.26% and currently stands at $1,223. 

    Key levels to watch

    The BTC/USD 4-hour chart has turned bullish as Bitcoin has been performing well over the last few days. The technical indicators show that Bitcoin could be preparing for a breakout in the near term.

    The MACD line crossed into the positive zone a few hours ago, a sign that the bulls are currently in control of the Bitcoin market. The 14-day RSI of 51 also shows that Bitcoin is neutral but could head into the overbought region if it embarks on a rally.

    If the bullish trend grows stronger, BTC could move past the first major resistance level at $17,178 before the end of the day.

    However, Bitcoin would need the support of the broader crypto market to rally toward the $17,982 resistance level over the coming days. 

    Where to buy Bitcoin now

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy BTC with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy BTC with Bitstamp today

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